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  • Politics
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  • inflation

As the country battles inflation and the devaluation of the lira, can Erdogan pull off a miracle and get the economy back on track, as promised? Luca D'Urbino

Turkey in the throes of strong economic headwinds

As the country battles inflation and the devaluation of the lira, can Erdogan pull off a miracle and get the economy back on track, as promised?

Khaled Kassar 29 May 2023
Daily life in Egypt has been strained by a wave of price rises driven by Egyptian pound slumps, leaving the country at the mercy of the dollar. Jamie Wignall

Egypt’s deal with the IMF comes with dramatic consequences for the economy

Daily life in Egypt has been strained by a wave of price rises driven by Egyptian pound slumps, leaving the country at the mercy of the dollar.

Marcelle Nasr 13 February 2023
A pump jack of Wintershall DEA is pictured in Emlichheim near the northern German city of Meppen, Germany, March 9, 2022. REUTERS/Fabian Bimmer

Oil Rises On China Demand Hopes, U.S. Inflation in Focus

Oil rose about 1% on Thursday supported by optimism over China's demand outlook and hopes that upcoming inflation data from the United States will point to a slower increase in interest rates. Top…

12 January 2023
India's Chemicals and Fertilizers Minister Mansukh Mandaviya, who is also Union Minister of Health and Family Welfare, gestures during his interview with Reuters at his office in New Delhi, India, July 15, 2022. REUTERS/Anushree Fadnavis

India Urges Global Companies to Help Build Fertiliser Storage

India, a leading importer of fertilisers, is seeking investment from global companies as the nation works to build storage for the crop nutrients, fertiliser minister Mansukh Mandaviya said on…

07 December 2022
A customer shops organic products at the Bio foods in a Lidl supermarket in Gattieres near Nice, France, December 2, 2022. REUTERS/Eric Gaillard/File Photo

Factbox: How Governments Are Trying To Ease Inflation Pain

Pandemic-related disruptions to global supply chains and the knock-on effects of Russia's war in Ukraine have driven up prices of energy, commodities, and necessities. Here's how governments are…

05 December 2022
U.S. one hundred dollar notes are seen in this picture illustration taken in Seoul February 7, 2011. REUTERS/Lee Jae-Won

Dollar Steadies After Recent Falls, Gains on Pound and Yen

The pound and Japanese yen edged off multi-month highs against the dollar on Monday as traders, investors and analysts started to speculate whether the greenback's recent bout of weakness was coming…

05 December 2022
A woman in a protective mask is seen at Andreas Grocery store after it received a delivery of fresh fruit and vegetables, as the spread of the coronavirus disease (COVID-19) continues, in London, Britain, March 20, 2020. REUTERS/Dylan Martinez

UK Public Sector Pay Won't Keep Up With Inflation: Transport Minister

British public-sector pay will not be able to keep up with soaring inflation, transport minister Mark Harper said on Sunday, as the country faces a wave of industrial disputes. Industrial action…

27 November 2022
Election workers make a final preparation at a polling station during Malaysia's 15th general election, in Bera, Pahang, Malaysia November 19, 2022. REUTERS/Lai Seng Sin

Malaysia Votes in General Election, Anwar Seen Leading Tight Race

Malaysians were voting on Saturday in a general election that may fail to end the recent phase of political instability in the Southeast Asian nation as polls have predicted no clear winner. The…

19 November 2022
People stroll at Mahmutpasa street, a middle-class shopping area, in Istanbul, Turkey May 6, 2022. REUTERS/Murad Sezer

Turkey's Inflation Hits 24-Year High of 85.5% After Rate Cuts

Turkish annual inflation climbed to a new 24-year high of 85.51% in October, official data showed on Thursday, slightly below forecast, after the central bank cut its policy rate despite surging…

03 November 2022
FILE - A light installation is projected onto the building of the European Central Bank during a rehearsal in Frankfurt, Germany, Dec. 30, 2021. Inflation hit a new record in the 19 countries that use the euro currency, fueled by out-of-control prices for natural gas and electricity due to the war in Ukraine, the European Union statistics agency Eurostat reported Monday, Oct. 31, 2022. (AP Photo/Michael Probst, File)

Inflation Hits New Record in Europe, Slowing Economy

Inflation hit a new record in the 19 countries that use the euro currency, fueled by out-of-control prices for natural gas and electricity due to Russia’s war in Ukraine. Economic growth also slowed…

AP 31 October 2022
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A picture of Farid al-Madhan, known as "Caesar," wearing a blue robe in the US Congress.
 Reuters/ Al Majalla
Politics

Syria's new post-sanctions test

22 December 2025

Damascus finally gets breathing room after the US repealed its draconian Caesar sanctions, but it can't exhale just yet. Al Majalla explains why.

Haid Haid
Opinion

Israeli gas and the crafting of a 'new Middle East'

22 December 2025

The US is poised to use Israeli gas as a lever to keep Iran on the backfoot following its regional setback, and it could even use it to undercut Russia's economy

Ibrahim Hamidi
Women and children at the Zamzam displacement camp, close to el-Fasher in North Darfur, Sudan, in January 2024. REUTERS/Mohamed Zakaria
Politics

After el-Fasher: the trajectory of war in Sudan

16 November 2025

Washington seems to have changed its tone after the RSF committed atrocities in October, putting increasing pressure on the foreign backers of a paramilitary that now controls Darfur. What next?

Amgad Fareid Eltayeb
Despite a new president, a new prime minister, a new government, and a new central bank governor, what has actually changed after Lebanon's economic collapse? Lina Jaradat
Business & Economy

A state in crisis: Lebanon’s struggle to restore financial stability 

20 December 2025

Following the appointment of a new president, Lebanon has struggled to come to terms with the deep-rooted challenges of its financial collapse

Toufic Chanbour
Culture & Social Affairs

This year in film: landmark moments across platforms

22 December 2025

Al Majalla looks back at a memorable and haunting year in film, with Kaouther Ben Hania's The Voice of Hind Rajab one of 2025's most powerful works

Wael Said

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OPINIONS

Israel is bleeding support on the US Christian right

Tarek Rashed
Tarek Rashed

Mexico City: where the ordinary and extraordinary coexist

Samer Abou Hawwach
Samer Abou Hawwach

A revised Ukraine peace plan awaits Putin's response

Con Coughlin
Con Coughlin

Hezbollah's dangerous delusions invite more war to Lebanon

Alia Mansour
Alia Mansour
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